LSE

The other free trade. International trade in which countries allow goods to flow across their borders without imposing import or export taxes.

Unique to the UK, these funds pool together money to invest from multiple investors.

Profit on an investment, expressed as a percentage of the investment.

An index published each month by the Office for National Statistics, which measures the level of retail prices in the UK. Cash flows on all index-linked gilts are linked to the RPI.

A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

An investment trust specialised in investing in commercial property such as parking garages or GP offices.

What is yield to maturity and why is it useful?

Examining price movements of shares and other assets, and trying to predict how they will move in the future.

A situation in which a market or industry is controlled by a small group of companies.